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HomeMy WebLinkAbout20B - TRAFFIC SIGNAL MACARTHUR BLVD & BIRCH ST REQUEST FOR COUNCIL ACTION ~ ~ CITY COUNCIL MEETING DATE: CLERK OF COUNCIL USE ONLY: OCTOBER 17, 2005 TITLE: APPROVED o As Recommended o As Amended o Ordinance on 1" Reading o Ordinance on 2'" Reading o Implementing Resolution o Set Public Hearing For APPROPRIATION ADJUSTMENT ACCEPTING FUNDS FOR THE TRAFFIC SIGNAL AT MACARTHUR BO EVARD AND BIRCH STREET 2 (,.4.. CI Y ~ / RECOMMENDED ACTION CONTINUED TO FILE NUMBER Approve an appropriation adjustment accepting funds from Nexus Companies in the amount of $265,000 into the Select Streets Construction and Developer Contribution funds (account no. 59-01-5790) and appropriating funds to the Select Streets Construction funds (account no. 59-551-6631) for the traffic signal installation at MacArthur Boulevard and Birch Street. DISCUSSION As part of the Cooperative Agreement for Sandpointe Neighborhood Improvements., the developer, the Nexus Companies, is required to fund the installation of a traffic signal at MacArthur Boulevard and Birch Street. The funds received by the City of Santa Ana will be used for design and construction of the traffic signal. The City will be responsible for the installation. ENVIRONMENTAL IMPACT There is no environmental impact associated with this action. FISCAL IMPACT Funds in the amount of $265,000 will be deposited into the Select Streets Construction and Developer Contribution funds (account no. 59-01-5790) and appropriating funds to the Select Streets Construction funds (account no. 59- 551-6631) APPROVED AS TO FUNDS AND ACCOUNTS: . A---Z'~7-' James G. Ross Executive Director Public Works Agency ~'~"J/' ?/ ""1 ~r: ~. , ~ .;:L Fr~nclsco Gutierrez Executive Director Finance & Mgmt. Services Agency~ 208-1 208-2